EI programs under review: Flaherty - Action News
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EI programs under review: Flaherty

Finance Minister Jim Flaherty says he's not closing the door on extending some employment insurance programs now under review.

Finance Minister Jim Flaherty says he's not closing the door on extending some employment insurance programsnow under review.

Finance Minister Jim Flaherty won't say exactly when he'll present the Conservative government's fall economic update but promises Canadians will soon hear more figures on the economic recovery. ((Pawel Dwulit/Canadian Press))
In an interview broadcast Saturday morning on CBC Radio's The House, Flaherty was asked about a few EIinitiatives scheduled to end soon. Among them is a program set to expire later this month that allows people to claim benefits based on their best 14 weeks of earning over a year-long period, as opposed to a26-week period.

Two other pilot projects are set to end in December. One projectmakes it easier for peoplere-entering the labour force to collect EI, andtheallows people to earn more money while collecting EI 40 per cent of the EI benefit rate, compared with 25 per cent.

"Well, they're being reviewed; I'll leave it at that for now,"Flahertysaid from Washington, D.C., where he's attending the annual meetings of the International Monetary Fund and the World Bank.

Flaherty's decisions about the EI pilot projects will beclosely analyzed, given what's being broadlydescribed as the fragile and uncertainstate ofCanada's economic recovery.There is speculation the Conservative government could table its fall economic update as early as next week.

Economic growth 'on track'

Flahertywouldn't say exactly when hewill present the update but promised Canadians will soon hear more about the government's figures.

"We have to make sure we deal pragmatically with the degree of economic growth that we have," Flahertysaid."Fortunately, we're on track and I'll do the fall economic update soon, and I'll be able to present all of the numbers so that Canadians can see that we are on track."

Flaherty announced in late September that he would scale back a planned increase inemployment insurance premiums in response to consultations with the business community.Businessgroups argued the hike recommended by an independent panel and planned for January could cost 170,000 jobs by making hiring more expensive.

The finance minister froze EI premiums in his 2009 budget as part of the Conservative government's economic stimulus package.

Meanwhile, enough Liberals, including their leader, Michael Ignatieff, were absent fromthe House of Commons to ensure a recent bid by the Bloc Qubcois to enrich EI benefits was defeated, even though Ignatieff threatened an election over the issue just a year ago.

Ignatieff said the proposals made sense when the country was in the midst of an economic crisis and the unemployment rate had spiked, but are "not fiscally responsible" now.